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Revival gives Rolls-Royce confidence despite coronavirus
By Paul Sandle LONDON (Reuters) – Rolls-Royce <RR.L> has got to grips with a long-running engine problem and enjoyed a strong end to 2019, leaving it well placed to cope with any disruption caused by the coronavirus outbreak, it said on Friday. Shares in the British engines maker jumped as much as 6.6%, one of […]
Glade Brook pitches ‘extraordinary opportunity’ in tech debt amid coronavirus
By Lawrence Delevingne and Joshua Franklin BOSTON/NEW YORK (Reuters) – Glade Brook Capital Partners LLC, the venture capital firm led by Paul Hudson, is pitching a new fund to investors targeting the debt of private technology companies impacted by economic disruption from COVID-19. The $1.5 billion Greenwich, Connecticut-based firm began marketing the Special Situations Fund […]
UK mortgage approvals strongest since mid-2017, adding to signs of pick-up
LONDON, Jan 31 (Reuters) – British mortgage approvals hit their highest level in nearly two-and-a-half years in December, according to Bank of England data on Friday that added to signs of an economic pick-up since last month’s election. The number of mortgages approved for house purchase rose to 67,241 in December – higher than the […]